DayStar Technologies (DSTI) Announces Securities Purchase Agreement with Sunlogics Power Fund Management

March 19, 2012 4:32 PM EDT
DayStar Technologies, Inc. (Nasdaq: DSTI) has entered into a Securities Purchase Agreement with Sunlogics Power Fund Management Inc. Pursuant to the Purchase Agreement, Sunlogics Power Fund Management has loaned the Company $500,000 for payment of outstanding liabilities and other working capital purposes.

In addition to the Purchase Agreement, Sunlogics Power Fund Management has entered into a consulting arrangement with DayStar to assist the management of the Company with business development and also with exploring and evaluating strategic opportunities.


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